Indian Market Outlook: September 04, 2020


NIFTY is likely to open neutral.

It is likely to remain between our short term levels

NIFTY short term support is between 11280-11330 and resistance is between 11570-11620.

BANKNIFTY short term support is between 23000-23100 and resistance is between 24250-24350.

Can look for long opportunity on drop.


Last Trading Day's Highlights for us:
1. Monthly NIFTY option strategy positional trades are in control.
2. Monthly Stock option strategy positional trades are in control.
3. Monthly Currency option strategy positional trades: None
4. Weekly BANKNIFTY option strategy positional trades were closed in GREEN.
5. Weekly NIFTY option strategy positional trades: None.










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